CEOs of publicly held corporations in the United States have lost power to their boards of directors and to their shareholders. This loss of power is recent and gradual, but nevertheless represents a significant move away from the imperial CEO who was surrounded by a hand-picked board and lethargic shareholders. In this talk,Professor Rockwill discuss the causes and symptoms of the decline in CEO power and the implications of this decline for corporate law and corporate governance.

Professor Rock, the Saul A. Fox Distinguished Professor of Business Law and the University of Pennsylvania Law School, studied at Yale and Oxford and received his J.D. from the University of Pennsylvania in 1983. Since joining the Penn faculty in 1989, he has written widely in corporate law on topics including: proxy access, corporate voting, government ownership, hedge funds, and comparative corporate law. He has taught as a visiting professor at Columbia, NYU, Hebrew University, Israel, and the Johann Wolfgang Goethe-Universität, Frankfurt am Main, Germany.

Lawyers/barristers: attendance at this seminar is equal to 1 MCLE/CPD unit.

Time: 6-7pm followed by a cocktail reception (registration from 5.30pm)